The next day, Wynn resigned as finance chairman for the Republican National Committee - a position that President Trump had personally asked him to take.

The organization says it will not accept any future contributions from Steve Wynn or Wynn Resorts, where he is founder and CEO, "unless the allegations against Mr. Wynn are proven to be false".

The sexual misconduct allegations against Mr. Wynn first appeared in a Friday report by the Wall Street Journal.

In order to prove Wynn higher-ups committed securities fraud, there would have to be evidence they knew or should have known about the sexual misconduct allegations and did not disclose it to the public, according to an expert. The RGA also said it canceled its contract with Wynn Resorts Ltd.to hold its 2020 annual conference at the Wynn Las Vegas. Other Republicans have begun doing the same in light of allegations of sexual misconduct by the former Republican National Committee finance chairman.

House Speaker Paul Ryan announced that he plans to give money he had received from Wynn to a Wisconsin charity, while Sen.

"Since the beginning, my support for Wynn in Everett stemmed from the job opportunities, economic growth, and development of the unusable contaminated land, all of which would positively impact our community and region for years to come", he said. Institutional Shareholder Services Inc., the proxy advisory firm, previous year gave Wynn Resorts its worst ranking for governance risk. Heller's democratic challenger for the Senate, Jacky Rosen was among those calling for republicans to return funds or donate them to charity.

Steve Wynn made a contribution to the state Republican party's federal account in 2016, records show.

Since 2013, Wynn has contributed almost $2.4 million to GOP candidates and party organizations around the country, including 2017 special election winners.

Wall Street firms are telling their clients Wynn Resorts (NASDAQ: WYNN) shares may have more downside even after the company stock's large drop since Friday.

"They must return this tainted money immediately", Berman said of the state Republican party. "If I were governor right now, I would work to ensure that Steve Wynn lost his operational control and ownership interest in Wynn Resorts", Warren said.

The special committee of independent directors will be headed by Patricia Mulroy, a former member of the Nevada Gaming Commission, one of two bodies that regulate casinos in the state. "They must return this dirty money they received from Wynn and the RNC under Wynn's leadership".